$USDC $USDC — is USD Coin, a stable cryptocurrency (stablecoin) pegged to the US dollar at a 1:1 ratio. This means that 1 USDC ≈ 1 USD.

About USDC:

• Issuer: Circle (in partnership with Coinbase, Centre consortium).

• Blockchains: Available on several networks — Ethereum, Solana, Avalanche, Tron, Polygon, Arbitrum, Base, etc.

• Purpose: Convenient value storage, trading, transfers without significant volatility, DeFi, NFT, payment for goods/services.

Advantages:

• Stability: Backed by reserves in US dollars (Treasury bonds, cash, etc.).

• Transparency: Monthly audits confirm reserve backing.

• Instant transfers: Used for transactions without banking restrictions.

Disadvantages:

• Centralization: Circle can block certain addresses.

• Reliance on the issuer: It's important to trust Circle and the reserve checks.

Do you want to know the forecast for $USDC, comparisons with other stablecoins (for example, $USDT or $DAI), or how to use it in DeFi?